Merger reserve meaning

Mergers The Commission approved the acquisition of joint control over Island Energy Investor Holdings LLC by Fortress Investment Group LLC and First Reserve Management LP (M.12048) following a phase I review—see also, Midday Express. The Commission has received notification of Helvetia/Baloise (M.12003) under the simplified merger procedure. Note—For all ongoing merger enquiries before the Commission, see the EU mergers—ongoing cases tracker. Upcoming dates—For schedules of forthcoming EU competition developments, see EU Competition calendar...

Mergers The Commission granted clearance for: Xerox Holdings Corporation to acquire sole control of Lexmark International II, LLC (M.11879) following a phase I investigation—see further, Midday Express KKR & Co. Inc. and Stonepeak Partners LLP to obtain joint control of Assura plc (M.11986) after a phase I investigation—see further, Midday Express Stonepeak and Repsol SA to take joint control of Pecos Renewables North America LLC (M.12014) subsequent to a phase I investigation—see further, Midday Express The Commission also received notifications for: HIG Capital/Kantar Media (M.11901) (simplified merger procedure) First Reserve/Fortress/IES (M.12048) (simplified merger procedure) NOTE—For the list of live merger investigations before the Commission, see further, EU mergers—ongoing cases tracker Upcoming dates For dates of forthcoming EU competition developments, see further, EU Competition calendar...

1. What is the applicable legislation? South Africa does not have a single, overarching statutory scheme governing foreign direct investment (FDI). Below is a non-exhaustive overview of key legislation relevant to FDI in South Africa: Protection of Investment Act 22 of 2015, as amended Competition Act 89 of 1998 (Competition Act 1998) Companies Act 71 of 2008 (Companies Act) Companies Amendment Act 16 of 2024 and the Companies Second Amendment Act 17 of 2024 (Companies Amendment Acts 2024) Companies Regulations, 2011 issued under the Companies Act 2008 (Companies Regulations 2011), and GNR.1111 of 1 December 1961: Regulations made under the Currency and Exchanges Act 9 of 1933 and, in relation to each of the above, as amended 2. Which government or other body (or bodies) reviews foreign investments? The South African Reserve Bank (SARB) is the primary authority responsible for safeguarding the value of South Africa’s currency. Acting as the regulator under the exchange control regulations, it...

Updated in January 2025 Introduction Australia’s resilient economy, a talented multilingual labour force, favourable tax settings and a predictable political climate position it as a prime destination for overseas capital. Businesses also benefit from comparatively modest establishment costs, proximity to the Asia–Pacific, a dynamic finance industry, and a time zone bridging the United States market close and Europe’s opening. Before the global coronavirus (COVID‑19) outbreak, Australia ranked among the quickest‑expanding economies in the Organisation for Economic Co‑operation and Development (OECD). Relative to many OECD peers, it managed the immediate health and economic shocks of COVID‑19 effectively. As elsewhere in the OECD, though, the short‑run effects of domestic and international stimulus during the pandemic years—together with external influences such as the war in Ukraine and local issues including COVID‑19‑related construction backlogs—have driven stronger inflationary pressures in Australia and prompted a period of firm monetary tightening by the Reserve Bank of Australia. Even so, Australia continues to offer a robust environment in which to operate and invest. The nation’s economy...